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As the cryptocurrency market continues to flourish, Sensor Tower has captured the performance of the top five cryptocurrency apps in the United Kingdom during the first quarter of 2021. Here's a snapshot of their user engagement and download trends.
Coinbase: Buy Bitcoin & Ether experienced a significant surge in downloads, starting the quarter with around 31K and peaking at 90K in early February. Weekly active users also saw an impressive increase, starting at approximately 360K and reaching a high of nearly 490K in mid-February.
Binance: Buy Bitcoin & Crypto showed a remarkable spike in downloads, particularly in late January, with downloads jumping from 17K to an outstanding 142K. The app's weekly active users followed a growing trend, starting at around 118K and peaking at over 343K towards the end of February.
Crypto.com-Buy Bitcoin,ETH,SOL downloads peaked in early February at 87K, after starting the quarter at 19K. The weekly active users for the app showed a steady increase from 106K at the beginning of the quarter to a peak of over 241K in late February.
Luno Bitcoin & Cryptocurrency had a steady quarter with downloads fluctuating around the 10K mark, peaking at 14K in early January. The app's weekly active users saw a gradual increase from 36K to over 57K by the end of March.
Coinbase Wallet: NFTs & Crypto downloads remained relatively stable, with a slight peak at nearly 12K in early February. The weekly active users exhibited growth, starting at 38K and reaching over 61K in the third week of March.
It's evident that the first quarter of 2021 was a period of growth for these cryptocurrency apps in the UK market. For more insights on app performance and trends, Sensor Tower's comprehensive analytics tools offer detailed data and analysis.